SEOUL, Nov. 18 (Korea Bizwire) – South Korea announced a large-scale investment plan for the biohealth industry on Wednesday in an effort to nurture what it sees as a future growth engine. Under the plan, 36 pharmaceutical makers and five venture capital firms, including Samsung Biologics Co. and Celltrion Inc., will invest a combined 10 [...]
SEOUL, Aug. 13 (Korea Bizwire) — Samsung Group is likely to meet its 180 trillion-won (US$152 billion) investment pledge, industry observers said Thursday, as South Korea’s top conglomerate’s spending for future growth businesses is going well and as planned. In August 2018, Samsung announced that it will invest 180 trillion won over the next three [...]
SEOUL, April 8 (Korea Bizwire) – South Korea’s state pension fund will invest around 1 trillion won (US$866.7 million) in overseas hedge funds for the first time this year as part of its efforts to diversify its investment portfolios, the health ministry said Friday. The plan was submitted to a public pension fund operation committee, which [...]